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BUSINESS SEGMENTS - Additional Financial Information (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2026 | Jun. 30, 2025 | Jun. 30, 2026 | Jun. 30, 2025
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items] |  |  |  |
Depreciation, depletion and amortization | $ 127 | $ 125 | $ 251 | $ 250
Capital expenditures | 139 | 107 | 251 | 200
Operating segments | Timberlands |  |  |  |
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items] |  |  |  |
Depreciation, depletion and amortization | 64 | 64 | 127 | 129
Capital expenditures | 24 | 19 | 67 | 45
Operating segments | Strategic Land Solutions |  |  |  |
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items] |  |  |  |
Depreciation, depletion and amortization | 4 | 4 | 5 | 6
Capital expenditures | 0 | 0 | 0 | 0
Operating segments | Wood Products |  |  |  |
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items] |  |  |  |
Depreciation, depletion and amortization | 58 | 55 | 115 | 110
Capital expenditures | 115 | 88 | 184 | 155
Unallocated Items |  |  |  |
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items] |  |  |  |
Depreciation, depletion and amortization | 1 | 2 | 4 | 5
Capital expenditures | $ 0 | $ 0 | $ 0 | $ 0

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